Formal legal Process of Justice Share Assignment in View of MRC

Majlis Research Centre studied the legal process of justice share assignment.

Public relation office reported: the office of economic studies considered the legality of justice share assignment and the government current approaches to pay the profit basis on the confirmed legislation and added: There are some points to implement the stock transfer and distribution plan as follows: first, despite the importance of implementing the General Policies of Principle 44 of the Constitution to pricing the shares in stock exchange and the necessity to place the transferred company in stock exchange (according to justice share obligation standards), 27 companies from the assigned companies were non stock exchange so far. This problem is due to that the assigned companies were conveyed before approving the assignment of justice share distribution plan standards (approved 27/11/1387). Although based on Article 35 at the General Policies of Principle 44 of the Constitution, the activities of provincial and cooperative companies actually have a legal basis; these companies have formed before the approval of the mentioned Act. In addition, in none of the existing legislation (except contract assignment) the amount of the possible assigned shares hasn't declared, so it may become the justice share assignment falseness.